Somebody is gobbling up this stock during extended trading hours. It's obvious that something behind the scenes seems to be going on, something us small individual investors are not privy, too.
Sorry, just had to let out with a yell.
Black, under Dr Scarlett's guidance Geron has gone from being broke, to now having a revolutionary cancer drug, imetelstat, and collaborating with one of largest drug firms(J & J) in the world in getting this drug to market. And that's why I voted FOR his compensation increase.
"but those risks have been absolutely been mitigated to the greatest extent possible by placing IMET in the hands of Jan/JnJ. "
To me, the above sentence shows that Dr Scarlett is very smart CEO, by pulling a drowning company, GERON, from the depths of despair, into being on the verge of a historical medical breakthrough with imetelstat.
Oh, if it works it's going to great for mankind, and for many of our pocket books, too.
""Motley Fool" says lots of things...most of which never come to pass."
Maine, you mean like many things that you say...most of which never come to pass.
"We are gambling on a long shot. Let's hope the trials work and we make some money and more importantly folks suffering from cancer ARE CURED!"
And Geron is depending on one product being successful, that product being imetelstat.
Also betting on biotech's is frustrating as hell, especially when they use stock dilution as their main means of financing operations, and to pay executives far to high a wage, along with giving them way to many stock options. I believe that a company should never be allowed to sell stock until they have a marketable product that's making them a profit, because under the current system there are far too many shyster companies that exist by screwing the their shareholders with humongous dilution and false promises. Yet, I bought this stock knowing the low odds of it ever making it big, crazy, huh.
Black, your primary duty is to calm down. And it would help if you'd stop always blaming Dr Scarlett, and instead look at the truth, which is that he has done a remarkable job in bringing this company back from the dead.
But it just keeps dropping- "SOB give me a drink!, SOB give me a drink!, SOB give me a drink!"
Darn, if imetelstat works then GERN could easily break the $100 barrier, but who knows it's worth if J & J buys them out? I believe that it'll go for far less than $100, if there is a buyout. The big question is, "How big will the imetelstat drug market be?"
Mru, stop being a whiner, and blame game guy, because if Dr Scarlett had not put together the J & J deal, Geron not be here today. You and Black, make for strange bed fellows.
Cheng, first we'd need to know the market for the imetelstat drug, $1B? &10B? $100B. I don't know how to figure out the actual worth of the imetelstat drug, do you? All I know is that Janessen(J&J subsidiary) is willing to do all the trial work, and give Geron approx. $900B for doing so. Maybe all J & J only wants to buy the imetelstat patents? It looks a pretty exciting time for Geron and it's imetelstat drug, that's if it works?
Black, we're not terribly upset with the current share price, because we can see a light at the end of this long dark tunnel. And the light is imetelstat!
Just being being pessimistic, after seeing the Futures being down this morning.
Hope I'm wrong, like when I am being too optimistic about GERN.
Rd, you're a brain dead right-wing liar and hypocrite, go ride on Trump's xenophobic train, LOSER!
And your hero Limpballs is nothing but a degenerate druggie who belongs in jail, as he said so himself, that druggies deserve to be in jail.
Lets see, the Futures are down big time this morning, and there's no real news from Geron, so far this morning. So I am predicting a down day for GERN stock, probably lose all of yesterdays gains. Hope I am wrong, but reality bites.
Jko, it's just more dilution of stock, that the individual shareholder gets stuck paying for.